Global Cardiac Monitoring Market Growth 2023-2029

Global Cardiac Monitoring Market Growth 2023-2029

Cardiac monitoring generally refers to continuous or intermittent monitoring of heart activity, generally by electrocardiography, with assessment of the patient's condition relative to their cardiac rhythm. It is different from hemodynamic monitoring, which monitors the pressure and flow of blood within the cardiovascular system. The two may be performed simultaneously on critical heart patients. Cardiac monitoring with a small device worn by an ambulatory patient is known as ambulatory electrocardiography. Transmitting data from a monitor to a distant monitoring station is known as telemetry or biotelemetry.

LPI (LP Information)' newest research report, the “Cardiac Monitoring Industry Forecast” looks at past sales and reviews total world Cardiac Monitoring sales in 2022, providing a comprehensive analysis by region and market sector of projected Cardiac Monitoring sales for 2023 through 2029. With Cardiac Monitoring sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cardiac Monitoring industry.

This Insight Report provides a comprehensive analysis of the global Cardiac Monitoring landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cardiac Monitoring portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cardiac Monitoring market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cardiac Monitoring and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cardiac Monitoring.

The global Cardiac Monitoring market size is projected to grow from US$ 16940 million in 2022 to US$ 21230 million in 2029; it is expected to grow at a CAGR of 21230 from 2023 to 2029.

Cardiovascular diseases have become one of the primary reasons for mortality and are becoming a major concern in most parts of the world. Coronary heart disease (CHD) is the most common type of heart disease, with a death toll of more than 370,000 people annually. The American Heart Association (AHA) reports cardiovascular disease to be the leading global cause of death, accounting for 17.3 million deaths per year, a number that is expected to grow to more than 23.6 million by 2030. The Heart Foundation also states that CVD is a major cause of death in Australia, with 45,053 deaths attributed to CVD in the country, in 2014. The other factors boosting the growth of the market studied are - technological advancements, patient awareness, and the increasing number of unmet medical needs in developing and underdeveloped countries.

This report presents a comprehensive overview, market shares, and growth opportunities of Cardiac Monitoring market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Electrocardiogram (ECG) Devices
Implantable Loop Recorder (ILRs)
Cardiac Event Monitors
Cardiac Output Monitoring (COM) Devices

Segmentation by application
Home and Ambulatory
Hospital

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Abbott
GE Healthcare
Hill-Rom
Medtronic
Philips Healthcare

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cardiac Monitoring market?

What factors are driving Cardiac Monitoring market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cardiac Monitoring market opportunities vary by end market size?

How does Cardiac Monitoring break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.